Chrysler: The Town Bike?

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MILAN — Fiat SpA is talking with Chrysler LLC to form a strategic partnership that could lead to the Italian car maker taking a stake in its U.S. peer, an industry publication said, citing people familiar with the matter.

Fiat could give Chrysler access to platforms, engines and transmissions to help the U.S. car maker overcome its problems, Automotive News Europe said on Monday.

Fiat was not immediately available for comment.

Fiat chief executive officer Sergio Marchionne told an industry publication in December that Fiat needed a partner to survive the crisis.

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Apart from Ferrari and Maserati, Fiat does not sell cars in the United States.

Before the crisis hit the car industry, Fiat had been looking for ways to enter the United States and had talked to U.S. auto makers about the possibility of using some of their production lines.